Merit Medical Systems (MMSI) Free Cash Flow (2010 - 2026)
Merit Medical Systems recorded quarterly Free Cash Flow of $24.7 million in Q1 2026, down 75.43% quarter-over-quarter from $100.4 million in Q4 2025, and down 32.88% year-over-year from $36.8 million in Q1 2025.
Merit Medical Systems' Free Cash Flow history runs 17 years deep, the most recent figure standing at $24.7 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 32.88% year-over-year to $24.7 million; the TTM figure through Mar 2026 stood at $282.1 million (up 1898.64% YoY), while the FY2025 annual figure was $294.2 million, up 58.48% from the prior year.
- Free Cash Flow came in at $24.7 million for Q1 2026 at Merit Medical Systems, down from $100.4 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $104.8 million in Q3 2025 to a low of -$141.3 million in Q4 2024.
- A 5-year average of $33.4 million and a median of $37.7 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow jumped 680.12% in 2023 and plunged 341.06% in 2024, its largest moves.
- Merit Medical Systems' Free Cash Flow stood at $56.8 million in 2022, then grew by 3.08% to $58.6 million in 2023, then slumped by 341.06% to -$141.3 million in 2024, then jumped by 171.07% to $100.4 million in 2025, then slumped by 75.43% to $24.7 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $24.7 million, $100.4 million, and $104.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 808.60 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 546.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 520.48 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 63.80 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | -273.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 158.70 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 120.26 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 76.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 53.30 Mn |
| 10 | Merit Medical Systems | 3.79 Bn | 3.30 Bn | 184.80 Mn | 24.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.67 Mn |
| Mar 31, 2026 | 24.67 Mn |
| Dec 31, 2025 | 100.40 Mn |
| Dec 31, 2025 | 100.40 Mn |
| Sep 30, 2025 | 104.77 Mn |
| Sep 30, 2025 | 104.77 Mn |
| Jun 30, 2025 | 52.31 Mn |
| Jun 30, 2025 | 52.31 Mn |
| Mar 31, 2025 | 36.76 Mn |
| Mar 31, 2025 | 36.76 Mn |
| Dec 31, 2024 | -141.26 Mn |
| Dec 31, 2024 | -141.26 Mn |
| Sep 30, 2024 | 43.84 Mn |
| Sep 30, 2024 | 43.84 Mn |
| Jun 30, 2024 | 74.78 Mn |
| Jun 30, 2024 | 74.78 Mn |
| Mar 31, 2024 | 24.53 Mn |
| Mar 31, 2024 | 24.53 Mn |
| Dec 31, 2023 | 58.60 Mn |
| Dec 31, 2023 | 58.60 Mn |
| Sep 30, 2023 | 50.75 Mn |
| Sep 30, 2023 | 50.75 Mn |
| Jun 30, 2023 | 16.58 Mn |
| Jun 30, 2023 | 16.58 Mn |
| Mar 31, 2023 | 10.96 Mn |
| Mar 31, 2023 | 10.96 Mn |
| Dec 31, 2022 | 56.85 Mn |
| Dec 31, 2022 | 56.85 Mn |
| Sep 30, 2022 | 6.51 Mn |
| Sep 30, 2022 | 6.51 Mn |
| Jun 30, 2022 | 37.67 Mn |
| Jun 30, 2022 | 37.67 Mn |
| Mar 31, 2022 | 9.57 Mn |
| Mar 31, 2022 | 9.57 Mn |
| Dec 31, 2021 | 37.49 Mn |
| Dec 31, 2021 | 37.49 Mn |
| Sep 30, 2021 | 6.38 Mn |
| Sep 30, 2021 | 6.38 Mn |
| Jun 30, 2021 | 46.37 Mn |
| Jun 30, 2021 | 46.37 Mn |
| Mar 31, 2021 | 29.06 Mn |
| Mar 31, 2021 | 29.06 Mn |
| Dec 31, 2020 | 37.46 Mn |
| Dec 31, 2020 | 37.46 Mn |
| Sep 30, 2020 | 54.38 Mn |
| Sep 30, 2020 | 54.38 Mn |
| Jun 30, 2020 | 47.77 Mn |
| Jun 30, 2020 | 47.77 Mn |
| Mar 31, 2020 | 23.48 Mn |
| Mar 31, 2020 | 23.48 Mn |
| Dec 31, 2019 | 77.06 Mn |
| Dec 31, 2019 | 77.06 Mn |
| Sep 30, 2019 | -39.56 Mn |
| Sep 30, 2019 | -39.56 Mn |
| Jun 30, 2019 | 23.44 Mn |
| Jun 30, 2019 | 23.44 Mn |
| Mar 31, 2019 | 8.92 Mn |
| Mar 31, 2019 | 8.92 Mn |
| Dec 31, 2018 | 21.75 Mn |
| Dec 31, 2018 | 21.75 Mn |
| Sep 30, 2018 | 28.69 Mn |
| Sep 30, 2018 | 28.69 Mn |
| Jun 30, 2018 | 39.41 Mn |
| Jun 30, 2018 | 39.41 Mn |
| Mar 31, 2018 | -8.30 Mn |
| Mar 31, 2018 | -8.30 Mn |
| Dec 31, 2017 | 18.74 Mn |
| Dec 31, 2017 | 18.74 Mn |
| Sep 30, 2017 | 25.22 Mn |
| Sep 30, 2017 | 25.22 Mn |
| Jun 30, 2017 | 2.36 Mn |
| Jun 30, 2017 | 2.36 Mn |
| Mar 31, 2017 | 14.42 Mn |
| Mar 31, 2017 | 14.42 Mn |
| Dec 31, 2016 | 10.92 Mn |
| Dec 31, 2016 | 10.92 Mn |
| Sep 30, 2016 | -14.10 Mn |
| Sep 30, 2016 | -14.10 Mn |
| Jun 30, 2016 | 23.36 Mn |
| Jun 30, 2016 | 23.36 Mn |
| Mar 31, 2016 | 592,000.00 |
| Mar 31, 2016 | 592,000.00 |
| Dec 31, 2015 | 48.76 Mn |
| Dec 31, 2015 | 48.76 Mn |
| Sep 30, 2015 | -20.53 Mn |
| Sep 30, 2015 | -20.53 Mn |
| Jun 30, 2015 | 20.50 Mn |
| Jun 30, 2015 | 20.50 Mn |
| Mar 31, 2015 | 17.53 Mn |
| Mar 31, 2015 | 17.53 Mn |
| Dec 31, 2014 | 43.11 Mn |
| Dec 31, 2014 | 43.11 Mn |
| Sep 30, 2014 | -9.38 Mn |
| Sep 30, 2014 | -9.38 Mn |
| Jun 30, 2014 | 13.93 Mn |
| Jun 30, 2014 | 13.93 Mn |
| Mar 31, 2014 | 2.78 Mn |
| Mar 31, 2014 | 2.78 Mn |
| Dec 31, 2013 | 61.73 Mn |
| Dec 31, 2013 | 61.73 Mn |
| Sep 30, 2013 | -16.40 Mn |
| Sep 30, 2013 | -16.40 Mn |
| Jun 30, 2013 | 19.06 Mn |
| Jun 30, 2013 | 19.06 Mn |
| Mar 31, 2013 | -17.07 Mn |
| Mar 31, 2013 | -17.07 Mn |
| Dec 31, 2012 | -42.44 Mn |
| Dec 31, 2012 | -42.44 Mn |
| Sep 30, 2012 | 9.93 Mn |
| Sep 30, 2012 | 9.93 Mn |
| Jun 30, 2012 | 25.05 Mn |
| Jun 30, 2012 | 25.05 Mn |
| Mar 31, 2012 | -10.25 Mn |
| Mar 31, 2012 | -10.25 Mn |
| Dec 31, 2011 | 1.82 Mn |
| Dec 31, 2011 | 1.82 Mn |
| Sep 30, 2011 | -6.68 Mn |
| Sep 30, 2011 | -6.68 Mn |
| Jun 30, 2011 | -8.04 Mn |
| Jun 30, 2011 | -8.04 Mn |
| Mar 31, 2011 | -3.94 Mn |
| Mar 31, 2011 | -3.94 Mn |
| Dec 31, 2010 | -7.43 Mn |
| Dec 31, 2010 | -7.43 Mn |
| Sep 30, 2010 | 12.45 Mn |
| Sep 30, 2010 | 12.45 Mn |